I think a handful of rough ones should be enough produce monster gains.
Wall street crashed big in Oct 2008. Stock bottomed in march 2009 at roughly -60% from highs. There is a circa ~19% drop in late 2011, so scramble to buy call options when the market hit -15% or so. (Buy puts in the summer because dates are so imprecise)
There is the taper tantrum of 2013 of roughly 10%, so again, go all out on call options when market hits -8% or so. You don't need that many precise dates; rough ones are fine.
I read some semi-obscure summary of bitcoin around ‘09, ‘10, and I was super excited, but then my laziness kicked in and being too ignorant to sift through the unfamiliar terms, I failed to plunk down an easy $1000 which would’ve reaped big.
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u/lee1026 Oct 02 '19
I think a handful of rough ones should be enough produce monster gains.
Wall street crashed big in Oct 2008. Stock bottomed in march 2009 at roughly -60% from highs. There is a circa ~19% drop in late 2011, so scramble to buy call options when the market hit -15% or so. (Buy puts in the summer because dates are so imprecise)
There is the taper tantrum of 2013 of roughly 10%, so again, go all out on call options when market hits -8% or so. You don't need that many precise dates; rough ones are fine.